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Loans Costs & Prices - ProMatcher Cost Report
Find Costs & Prices:
Loans Costs & Prices
We have collected data nationwide to help calculate the average cost of loans in the US. The following are average costs and prices reported back to us:
Cost of Commercial Loans
$1,620.61 fixed fee for closing costs
(Range: $1,001.71 - $2,239.50)
2.44% for closing costs
(Range: 1.22% - 3.66%)
Free Estimates from Local Pros
Cost of Residential Loans
$955.19 fixed fee for closing costs
(Range: $705.84 - $1,204.54)
1.92% for closing costs
(Range: 1.21% - 2.62%)
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Loans Cost Data
48723, Caro, Michigan - April 2, 2024
Commercial Loans
2.00 to 15.00 percent for closing costs
I get a small auto deducted percentage of the approved amount
Reported by:
Brian Koehler,
Thumb Financial Services
See the
Caro Loans Cost Report
60532, Lisle, Illinois - April 8, 2024
Residential Loans
$1,295.00 to $3,000.00 fixed fee for closing costs
Reported by:
ProMatcher Research Team
See the
Lisle Loans Cost Report
13057, East Syracuse, New York - January 16, 2023
Commercial Loans
1.00 to 3.00 percent for closing costs
Reported by:
ProMatcher Research Team
See the
East Syracuse Loans Cost Report
06461, Milford, Connecticut - May 30, 2023
Residential Loans
1.00 to 5.00 percent for closing costs
The percentage above includes total closing cost, third-party fees depending on the product/loan type, etc. The best thing is always to have a conversation and discuss this, and at the time of application, we do send out a loan estimate and have everything broken down for you.
Reported by:
Nikitas Kouimanis,
Total Mortgage Services LLC
See the
Milford Loans Cost Report
95008, Campbell, California - March 22, 2022
Commercial Loans
1.00 to 1.50 percent for closing costs
We primarily do not charge points. Depending upon the clients needs and wants we can make adjustments to our pricing to accommodate these for the client and provide the best structure to achieve these goals.
Reported by:
Chris Johnson,
Affinity Mortgage
See the
Campbell Loans Cost Report
48604, Saginaw, Michigan - April 5, 2023
Residential Loans
$485.00 fixed fee for closing costs
closing costs are generally third-party fees which vary depending on type of loan. Our fixed processing fee currently is $485. The remaining list of fees would be: closing fee, appraisal fee, credit report fee, tax service fee, title insurance and recording fees.
Reported by:
Dean Anderson,
1st State Bank
See the
Saginaw Loans Cost Report
90245, El Segundo, California - June 4, 2021
Commercial Loans
$4,000.00 to $8,000.00 fixed fee for closing costs
1.00 to 2.00 percent for closing costs
Every loan is different and the costs are always dependent on loan amount. However we always do whatever we can to limit cost of credit for our borrowers
Reported by:
Billy Florio,
CrossCountry Mortgage - Billy Florio
See the
El Segundo Loans Cost Report
94583, San Ramon, California - December 28, 2022
Residential Loans
1.00 to 3.00 percent for closing costs
Reported by:
ProMatcher Research Team
See the
San Ramon Loans Cost Report
45040, Mason, Ohio - January 26, 2021
Commercial Loans
1.50 to 3.00 percent for closing costs
All cost except appraisals are paid at closing.
Reported by:
Jeff Hunter,
Aletheia Management
See the
Mason Loans Cost Report
90245, El Segundo, California - June 4, 2021
Residential Loans
$4,000.00 to $8,000.00 fixed fee for closing costs
1.00 to 2.00 percent for closing costs
Every loan is different and the costs are always dependent on loan amount. However we always do whatever we can to limit cost of credit for our borrowers
Reported by:
Billy Florio,
CrossCountry Mortgage - Billy Florio
See the
El Segundo Loans Cost Report
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Disclaimer:
Costs and prices shown on the ProMatcher site are intended to be used as general information, not as guaranteed estimates. To obtain cost information relevant to your project, request a quote or estimate from a local service provider.
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